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Chesapeake Energy Corporation Announces Closing of Sale of Its Interests in Chesapeake Midstream Partners, L.P. to Global Infrastructure Partners for $2.0 Billion, Resulting in a Pretax Gain of $1.0 Billion

OKLAHOMA CITY--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK) today announced that Global Infrastructure Partners (GIP) has closed the previously announced acquisition of all of Chesapeake’s ownership interests in Chesapeake Midstream Partners, L.P. (NYSE:CHKM) for $2.0 billion, resulting in an anticipated pretax gain to Chesapeake of approximately $1.0 billion.